US Commercial Construction Market 2023-2027

Commercial Construction Market in US 2023-2027

Technavio has been monitoring the commercial construction market in US and is forecast to grow by $107.69 bn during 2022-2027, accelerating at a CAGR of 1.62% during the forecast period. Our report on the commercial construction market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increase in the construction of green buildings, expanding manufacturing and distribution facilities in the US, and the booming real estate sector in the US.

Technavio's commercial construction market in US is segmented as below:

By Sector

  • Private construction
  • Public construction
By Type
  • Building
  • Others
This study identifies the emergence of smart cities as one of the prime reasons driving the commercial construction market growth during the next few years. Also, the ongoing use of digital technologies in construction industries and increasing focus on building earthquake-resilient buildings will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the commercial construction market in US covers the following areas:
  • Commercial construction market sizing
  • Commercial construction market forecast
  • Commercial construction market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial construction market vendors that include Actividades de Construccion y Servicios SA, AECOM, Bechtel Corp., Clark Construction Group LLC, Clayco, DPR Construction, Ferrovial SA, Fluor Corp., Gilbane Inc., Hensel Phelps, HOCHTIEF AG, Holder Construction Group LLC, Kiewit Corp., Parsons Corp., PCL Constructors Inc., Skanska AB, STO Building Group, The Walsh Group, and Tutor Perini Corp. Also, the commercial construction market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Chart on Market Overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Chart on Country Market Characteristics
      • Table Executive Summary - Chart on Market Segmentation by Sector
      • Table Executive Summary - Chart on Market Segmentation by Type
      • Table Executive Summary - Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on US: Year-over-year growth 2022-2027 (%)
      • Table Data Table on US: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Commercial construction market in US 2017 - 2021
      • Table Historic Market Size - Data table on commercial construction market in US 2017 - 2021 ($ billion)
    • Sector Segment Analysis 2017 - 2021
      • Table Historic Market Size - Sector Segment 2017 - 2021 ($ billion)
    • Type Segment Analysis 2017 - 2021
      • Table Historic Market Size - Type Segment 2017 - 2021 ($ billion)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers - Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants - Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes - Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry - Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by Sector
    • Market segments
      • Table Chart on Sector - Market share 2022-2027 (%)
      • Table Data Table on Sector - Market share 2022-2027 (%)
    • Comparison by Sector
      • Table Chart on Comparison by Sector
      • Table Data Table on Comparison by Sector
    • Private construction - Market size and forecast 2022- 2027
      • Table Chart on Private construction - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Private construction - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Private construction - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Private construction - Year-over-year growth 2022-2027 (%)
    • Public construction - Market size and forecast 2022-2027
      • Table Chart on Public construction - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Public construction - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Public construction - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Public construction - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Sector
      • Table Market opportunity by Sector ($ billion)
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2022-2027 (%)
      • Table Data Table on Type - Market share 2022-2027 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • Building - Market size and forecast 2022-2027
      • Table Chart on Building - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Building - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Building - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Building - Year-over-year growth 2022-2027 (%)
    • Others - Market size and forecast 2022-2027
      • Table Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Others - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Others - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ billion)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increase in construction of green buildings
      • Expanding manufacturing and distribution facilities in the US
    • Market challenges
      • Lack of workforce in construction industry
      • Rise in cost of construction
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Emergence of smart cities
      • Ongoing use of digital technologies in construction industries
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Actividades de Construccion y Servicios SA
      • Table Actividades de Construccion y Servicios SA - Overview
      • Table Actividades de Construccion y Servicios SA - Product / Service
      • Table Actividades de Construccion y Servicios SA - Key offerings
    • AECOM
      • Table AECOM - Overview
      • Table AECOM - Business segments
      • Table AECOM - Key news
      • Table AECOM - Key offerings
      • Table AECOM - Segment focus
    • Bechtel Corp.
      • Table Bechtel Corp. - Overview
      • Table Bechtel Corp. - Product / Service
      • Table Bechtel Corp. - Key news
      • Table Bechtel Corp. - Key offerings
    • Clark Construction Group LLC
      • Table Clark Construction Group LLC - Overview
      • Table Clark Construction Group LLC - Product / Service
      • Table Clark Construction Group LLC - Key offerings
    • DPR Construction
      • Table DPR Construction - Overview
      • Table DPR Construction - Product / Service
      • Table DPR Construction - Key offerings
    • Ferrovial SA
      • Table Ferrovial SA - Overview
      • Table Ferrovial SA - Business segments
      • Table Ferrovial SA - Key offerings
      • Table Ferrovial SA - Segment focus
    • Fluor Corp.
      • Table Fluor Corp. - Overview
      • Table Fluor Corp. - Business segments
      • Table Fluor Corp. - Key offerings
      • Table Fluor Corp. - Segment focus
    • Gilbane Inc.
      • Table Gilbane Inc. - Overview
      • Table Gilbane Inc. - Product / Service
      • Table Gilbane Inc. - Key offerings
    • HOCHTIEF AG
      • Table HOCHTIEF AG - Overview
      • Table HOCHTIEF AG - Business segments
      • Table HOCHTIEF AG - Key offerings
      • Table HOCHTIEF AG - Segment focus
    • Kiewit Corp.
      • Table Kiewit Corp. - Overview
      • Table Kiewit Corp. - Product / Service
      • Table Kiewit Corp. - Key offerings
    • Parsons Corp.
      • Table Parsons Corp. - Overview
      • Table Parsons Corp. - Business segments
      • Table Parsons Corp. - Key offerings
      • Table Parsons Corp. - Segment focus
    • Skanska AB
      • Table Skanska AB - Overview
      • Table Skanska AB - Business segments
      • Table Skanska AB - Key offerings
      • Table Skanska AB - Segment focus
    • STO Building Group
      • Table STO Building Group - Overview
      • Table STO Building Group - Product / Service
      • Table STO Building Group - Key offerings
    • The Walsh Group
      • Table The Walsh Group - Overview
      • Table The Walsh Group - Product / Service
      • Table The Walsh Group - Key offerings
    • Tutor Perini Corp.
      • Table Tutor Perini Corp. - Overview
      • Table Tutor Perini Corp. - Business segments
      • Table Tutor Perini Corp. - Key offerings
      • Table Tutor Perini Corp. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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